The TRUMP memecoin has experienced a dramatic decline, losing nearly 95% from its all-time high as market enthusiasm wanes and liquidity diminishes. The token's price action has been characterized by a consistent pattern of lower highs and lower lows, with former support levels turning into firm resistance. This shift indicates a contraction in demand rather than temporary consolidation, as the market struggles to find structural support. Market observers have noted that the decline appears to be a controlled distribution rather than panic selling, with thin liquidity amplifying the downturn. The project, lacking a clear roadmap or utility, relied heavily on symbolic appeal and speculative interest. As attention faded, so did price support, leading to a prolonged downtrend. The market capitalization has shown gradual distribution, with recent volatility highlighting the absence of sustained investor participation. Without renewed narrative strength, the TRUMP memecoin's stability remains uncertain.